The pair Litecoin/Tether (LTC/USDT) goes from the bearish trendline downwards
A continuation of the downward movement down to the next support line at 111.440000000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 114.620000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a negative signal. The pair is likely to go down.
Additionally a ‘Three Black Crows’ candle pattern is detected. The candles form ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 124.770000000 |
| 2nd High | 116.270000000 |
| Next High | 114.620000000 |
| Current Price | 110.940000000 |
| Next Low | 111.440000000 |
| 2nd Low | 111.320000000 |
| 3rd Low | 106.700000000 |
114.620000000 – 116.270000000 – 124.770000000 – 111.440000000 – 111.320000000 – 112.170000000 — 41.305331683677 – 36.647305428233
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Double top chart pattern – –